The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated almost $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses. Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward. Listen to the recording of this Qualia-sponsored webinar to learn how your company can access these emergency loans and take advantage of deferring this year’s Social Security payroll taxes until next year and 2022. The webinar also discusses additional financial assistance options, such as the SBA’s Economic Injury Disaster Loans and Grants, as well as the Treasury’s Exchange Stabilization Fund.
Recorded: April 7, 2020